"The Lottery’s impact on education in Tennessee continues to grow,” said Rebecca Hargrove, President and CEO of the Tennessee Education Lottery. “We are proud to partner with IGT to strengthen valuable after-school programs in various locations throughout the state. By helping provide computer labs, students have a chance to practice and expand computer literacy skills at an early age.” “IGT is providing students with access to a powerful combination of educational resources and technology, opening doors to a vast range of opportunities and leading them toward an exciting future,” said Chris Shaban, Regional Vice President of IGT.
Camelot CEO Andy Duncan said: “Despite the challenges we’ve faced over the last six months, our performance over the half-year still represents one of our best since The National Lottery’s launch in 1994 – and returning over £2.7 billion to Good Causes and players in just six months is no small achievement.
"We want to get on that bandwagon," lottery director Gordon Medenica said at the meeting. He said other states have had success offering increasingly expensive - and potentially lucrative - instant tickets. Instant tickets are so called because players can find out immediately if they won. The highest-priced ticket now sold is $20, and the lowest is $1.
“Our partnership with Pollard Banknote has contributed to our growth in the instant ticket category over the years,” said Terry Presta, Executive Director, Kansas Lottery. “We particularly appreciate their flexible and responsive customer service and the valuable assistance they have offered in building our instant scratch portfolio. We look forward to working with the Pollard team on new initiatives that will help the Lottery drive its instant scratch sales over the next contract term.”
This week it was joined in this endeavor by the attorneys general of five states, who filed an amicus brief in support of New Jersey’s plight. AG’s from West Virginia, Arizona, Louisiana, Mississippi and Wisconsin contend that Third Circuit ruling usurps states’ rights by enforcing the federal ban on sports betting.
"Traditionally our third quarter has generated solid financial results and the third quarter for 2016 continued this trend," commented John Pollard , Co-Chief Executive Officer. "Our instant ticket sales volumes were greater than last year and combined with higher sales of our ancillary lottery products and services, produced near record revenue levels. Significant sales of our specialty products, particularly our Scratch FX® premium instant tickets, and ongoing growth in iLottery helped lead the way."
“During Q3, we generated solid Adjusted EBITDA and Adjusted EPS growth as units deployed over the past year ramped to a higher level of ARPU,” said Richard Weil, Chairman and CEO of INNOVA. “Our participation in NASPL this year generated strong interest from several potential customers and we look forward to continuing to grow into new jurisdictions over time.” Mr. Weil added, “I’d like to take this opportunity to thank Jim Breslo for playing a role in Diamond Game’s transition to public company ownership over the past year and a half. Jim has announced that after 16 years with Diamond Game he will be leaving the Company to pursue other opportunities. He will remain a Director of INNOVA and we wish him all the best in the next phase of his career. I will be assuming the role of President at Diamond Game and look forward to continuing to work with the strong team we have assembled.”
“This year’s expansion proposal has the best odds of passing in over a decade due to the current state of the Brazilian economy and desperate need for additional tax revenue,” Eilers & Krejcik Gaming opined recently
“We are always seeking new ways to generate additional revenue for the Scholarship program through innovation,” said David Barden, CEO of the New Mexico Lottery Authority. “We believe combining Scratchers with gift cards will help drive incremental revenue for our Legislative Lottery Scholarships and give our players a new way to experience and gift our product.”